New Technologies

New Technologies

Introduction

The Electronic data interchange (EDI) forms one of the most important categories of electronic commerce, i.e. using computers combined with telecommunication technology in order to facilitate the exchange of information (Hill, 2013). The EDI is defined as transmission of structured data across various computers over the internet (or VAN) through electronic means. It is an effective method of transferring large amounts of documents or business data via electronic medium, from one computer system to another computer intervention. Most importantly, it does not require any human intervention. EDI is efficient as it speeds up the process for data transfer, which ...